Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

15
Posts
3
Votes
Ben Shaikh
  • Rental Property Investor
  • Rochester, NY
3
Votes |
15
Posts

Zero closing cost for a short term loan ( < 2 years)

Ben Shaikh
  • Rental Property Investor
  • Rochester, NY
Posted

Here is my dilemma. I reside in a townhouse valued at 180K and my landlord has run into financial trouble and she needs to sell. I'm hesitant to buy the property because I don't see myself residing in the town for more than 2 years (my work contract completes in 16 months). What are some creative options I should consider:

Credit score: 800

I have the capital to buy the property in cash if i liquidate my preferred stocks yielding around 5%.

Should I consider a home equity credit line?

I appreciate your thoughts.

Loading replies...